Cultural Diversity and Public Funding of the Arts: A View from Cultural Economics
Abstract
Cultural Diversity and Public Funding of the Arts: A View from Cultural Economics MICHAEL RUSHTON conomic arguments in favor of public funding of the arts are familiar to E virtually all students of cultural policy, even if they are not economists by training. But the economic analysis of why the marketplace alone might pro- vide an inadequate level of support for the arts and the rationales for public assistance were born in an era when it was assumed that everybody-or at least those who...